article thumbnail

6 payments trends to watch in 2023

Payments Dive

FedNow, embedded payments, deal-making, cybersecurity and more mature BNPL will be dominant themes, among others, in the industry this year.

article thumbnail

FedNow to launch by mid-2023, Fed official says

Payments Dive

The federal government’s new real-time payments system should be ready for use by the middle of next year, Fed Governor Michelle Bowman said in a speech this week.

Fed 218
article thumbnail

Revolut Singapore Doubles Revenue in 2023, Sees 77% Growth in Users

Fintech News

billion in 2023. In 2023, Revolut Singapore introduced a new product or feature approximately every two months. Among the products launched in 2023 is its first interest-bearing product, Flexible Accounts, where top-ups are invested into USD-denominated Money Market Funds managed by Fidelity International. million in 2023.

article thumbnail

ANEXT Bank’s Losses Up Nearly 10%, Revenue Surges Almost 700% in 2023

Fintech News

ANEXT Bank, a digital wholesale bank based in Singapore and a subsidiary of Ant International, experienced a near 10% increase in losses in 2023, even as revenue grew almost sevenfold, according to DealStreetAsia’s analysis of regulatory filings. million) in the financial year ending 31 December 2023, from S$3.2 million (US$16.5

article thumbnail

Secrets of a Successful Sale: Optimizing Your Checkout Process

Speaker: David Nisbet, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer.

article thumbnail

Insurtech Firm Qoala Cuts Losses by 36% as Revenue More Than Doubles in 2023

Fintech News

Southeast Asian insurtech platform Qoala reported a 36% reduction in net losses for 2023, according to its latest regulatory filings accessed by DealStreetAsia. million for the year ending 31 December 2023. of revenue in 2023. million by the end of 2023. The Indonesia-based company recorded a net loss of US$14.3

PayPal 117
article thumbnail

Endowus Revenue More Than Doubles in 2023, But Losses Increase

Fintech News

Singapore-based digital wealth management platform Endowus saw its losses increase in 2023 even as its revenue more than doubled, according to regulatory filings reviewed by DealStreetAsia. million) for the year ended 31 December 2023, marking a 2.4x million (US$15.4 increase from the previous year’s figure of S$8.3

article thumbnail

How Retailers Are Transforming Customer Experiences with Data & AI

Speaker: David Azoulay, Marc Stracuzza, Román Tejada, and Guest Speaker Sucharita Kodali

Imagine a retail landscape where every interaction is personalized, every decision informed, and every opportunity maximized 🤔✨ Join us for an exploratory journey into the heart of AI-driven retail innovation.

article thumbnail

Mapping Digital Transformation: Retail’s Strategic Shift

Speaker: Jennifer Wright, Michael Scholz, Jasmin Guthmann, and Scott Canney

Digital transformation in retail is so much more than new technology. You need to get your whole organization, from entry-level workers to executives, on board with the new tech, new skills, and culture changes that digital transformation brings. Leading this mindset shift can be a daunting task… but that’s where this webinar comes in!

article thumbnail

How Personalized Customer Experiences Drive Retail Growth and Revenue

Speaker: Shaunna Bruton - Associate Director of Product Strategy at Orium | Sam Panzer - Director of Industry Strategy at Talon.One | Frank Passantino - Director of Product Management at Bloomreach

More and more, customers are expecting a better personalized CX. But can retailers actually deliver? Data from McKinsey shows that companies that excel in personalization increase their revenue by 40%, but despite these numbers, retailers struggle to implement customer personalization strategies. So what are the potential solutions?

article thumbnail

2024’s Retail Odyssey: Going Small, Artificial, and Augmented!

Speaker: Kelly Goetsch - Chief Strategy Officer at Commercetools | Jason Cottrel - CEO & Founder at Orium | and guest speaker Brendan Witcher - VP, Principal Analyst at Forrester

Significant modifications are on the horizon for digital commerce in retail and customer experience come 2024. The pace of tech shifts will intensify, businesses are set to defund legacy solutions, and attractive opportunities will surface as social and retail media players join forces.

article thumbnail

The Future of Customer Loyalty: Rewards, Retention, Appreciation, and More

Speaker: Jennifer Hileman - Director, Retail Data & Technology at Orium, and Zach Ettelman - Solutions Partner Team in North America at Talon.One

November 15, 2023 at 9:30am PST, 12:30pm EST, 5:30pm GMT Real-World Success Stories and Future-Forward Practices: Be inspired by the success of industry leaders who’ve harnessed these strategies and gain insight into the trends shaping the future of retail.